$1,850,000

814 44 Street, Brooklyn, NY 11220

  • 14 beds
  • 8,100 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $228/sqft
  • Property List Date Icon Listed 1 year ago

Property Description

LEGACY FAMILY OWNED BUILDING IN A COMMUNITY WITH A 1.5% LOW VACANCY RATE. NEVER WANT FOR GREAT TENANTS. Located between the vibrant communities of Sunset Park and Borough Park. This 9-unit rent stabilized building embodies a perfect synergy between skilled pre-war craftsmanship and modern updates. Marble staircase, wrought iron railing, original mosaic floors & reinforced steel beam construction are the period features that make this building special. Recent updates include new fire safety doors, new windows & a new roof. The building was meticulously maintained. First time on the market in four decades. This property is fully occupied with on time cash paying quality tenants. Multiple public transportation options. FIVE 2BRs and FOUR 1BRs, completed with a high ceiling basement covering the entire footprint, a roof overlooking NYC skyline & a back yard area. GROSS POTENTIAL RENT = $178,996 (updated 12/24). N.O I. = $114,479. CAP RATE = 6.2%. FULL REPORT & INTERIOR VIDEO AVAILABLE.

Listing Status:
Pending
Listing Office:
Keller Williams Realty NYC Grp : (718) 697-6800
MLS ID:
H6295774

This listing courtesy of Keller Williams Realty NYC Grp

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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